Auto Warranty Companies Fight For Your Business
extended car warranty - The world of auto warranty companies is actually a fiercely competitive one. You can find a limited number of cars on the road - granted, there are millions of them, and each one of them, at some time or still, has or experienced a warranty - however with the multitude of companies fighting for the business of those drivers, this means that each car owner is definitely the target of some very hungry sales reps.
This can be quite a daunting position to be in for any car owner. Regardless if you are purchasing a new car from the dealership, or investing in a used car, you will see people selling you their warranty services.
Within the dealership, you may run into a pushy sales person that will try everything they can to get you to sign on for the extended warranty when you help make your initial purchase. You can find good things about buying during that time, including getting the costs from the warranty rolled up in to the financing for that car, and understanding that your dealership will continue being the place to get any repairs or replacements done. However, these comforts could end up costing you hundreds or thousands of dollars in the long run. Sales representatives make large commissions on warranties, so they're eager to get you to sign up for one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will have to pay more up-front with those third-party companies, instead of adding a little number to your monthly car payment bills. However it would likely help you save money.
But simply as not all car sales representative is out to rip you off, not every third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to get you as being a client, so use that to your advantage. Compare costs, examine all the relation to the warranties offered, and tell the companies you talk to “hey, cause me to the most effective offer.” Someone else will if they can't.